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CIX Technology raises ~$140-150M in Series B to scale Arm-based processors. Round co-led by Shanghai IC Fund and Pudong Venture Capital.

PRIVATESep 04, 2026•3 days ago

Amount Raised

$145 Million

Round Type

Series B

ChinaSoftwareArtificial IntelligenceMachine Learning

Investors

Oriza PuhuaTongge Venture CapitalLenovo CapitalPudong Venture CapitalShanghai Ic Fund

Description

CIX Technology, a Chinese processor developer founded in 2021, has completed a Series B financing round worth nearly 1 billion RMB (~$140-150 million). The round was co-led by Shanghai IC Fund and Pudong Venture Capital, with participation from existing investors including Lenovo Capital, Tongge Venture Capital, and Oriza Puhua. The capital will support scaling of existing products and development of next-generation agent CPUs for applications ranging from AI PCs to edge servers and robotics. The company has secured a design win with Lenovo and unveiled its first production processor, the P1, in 2024.

Company Information

Company

CIX Technology

Location

China

About

CIX Technology is a Chinese processor developer founded in October 2021 that designs Arm-based processors for AI applications. The company develops heterogeneous SoCs combining CPU, GPU, and NPU components, with its P1 processor achieving up to 45 TOPS of AI performance. CIX has secured design wins with Lenovo and is expanding its ClawCore processor roadmap across AI PCs, edge servers, and robotics applications.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

CIX Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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